If you're looking for dividend stocks with both high yields and room for growth, here is why renewable energy is a great place to start. Renewable energy has quietly become one of the best places for investors to find high-quality dividends that sport high yields as well.
High-yield stocks don't always come with high risk. Yieldcos like Brookfield Renewable Partners (NYSE:BEP), TerraForm Power (NASDAQ:TERP), Pattern Energy (NASDAQ:PEGI), and NRG Yield (NYSE:NYLD) (NYSE:NYLD-A) have yields of over 5% along with long-term contracted cash flows to sell energy to utilities.